The Great Depression: An Economist's View

This movie provides an historical context for exploring the possible causes of the Great Depression. It sets the stage for identifying parallels between what happened in the Great Depression and what's happening in today's economy. The movie also introduces a computer simulation that will help you develop sufficient knowledge to evaluate the policy decisions made by Presidents Hoover and Roosevelt, and to tinker with the policy variables and reach your own conclusions. For more information, visit www.ForesalEconomics.com.

Category:

News & Politics

Tags:

• Great Depression
• Economics
• Economics Education
• U.S. History
• Economic Policy
• Business Cycles

[Texaskingfish]

You ask a lot of questions but give no answers.

If Hoover and FDR would have taken a Government hands off approach it would have been a short lived recession like 1907 and 1921. Government is the problem.

[ForesalEconomics]

@Texaskingfish

thanks for your comments. The movie was intended as a lead-in to a college-level class on Macroeconomics.

[mrktwn]

Engendered. Pronounced (and phonetically spelled) "enjendered" Sorry dude had to set you right on that.

[ForesalEconomics]

You think my pronunciation is bad you should see my spelling! Economist's are poor writers and speakers. Thanks for the heads up.

[Texaskingfish]

@ ForesalEconomics - Can You as an economist share Your opinion Please.

Do You feel we are more apt to succeed with a free market economy or with Keynesian style economics? Looking at the current situation is there a way to make the numbers work to save our current economy from disaster in the next ten years or so?

I am a Conservative but am looking for a analytical perspective as opposed to political. I have heard Glen Meakem speak and he makes what appear to be valid points to cause fear.

[301GiganticSquid]

this faulty economic theory you suggest, or open to consideration, is this capitalism?

Although short, I liked your video. Good job.